Vanguard Will Now Allow Crypto ETFs on Its Platform
Market Intelligence Analysis
AI-PoweredVanguard will allow cryptocurrency ETFs and mutual funds on its platform, marking a shift in its stance on digital assets despite recent market volatility.
Market impact analysis based on bullish sentiment with 64% confidence.
Article Context
Starting on Tuesday, Vanguard will allow ETFs and mutual funds that primarily hold select cryptocurrencies, including Bitcoin, Ether, XRP, and Solana, to be eligible for trading on its platform. It’s a compromise that belies the firm’s long-standing view that digital assets are too volatile and speculative for serious portfolios and comes despite a more than $1 trillion drawdown in crypto market value since early October.
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